I'd like to run the math to make sure I understand how the pieces fit together. Let play big, just because its more interesting.

The maximum hashstaker I can buy over on gawminers.com appears to be a 500 slot one for $8975.

This HashStaker would allow me to deposit UP TO 500 Paycoins into it. I could deposit 1 paycoin, but obviously would not earn as much. So I save up enough hashpoints to buy 500 Paycoins on December 8th and plop down my $8975.

Payment is on the order of 0.01 Paycoins/day/paycoin, so over 6 months my 500 paycoins MAY earn 912 Paycoins, plus I'll get my original 500 back. If Paycoins hold at $20 each, I'll have earned $18240 - $8975 = $9265 on my original investment of 500 Paycoins. That sounds excessive, and if true, the next round of Hashstakers is going to be a LOT more expensive. (No investment in the world doubles in value every 6 months for long.)

Lets run a less ideal scenario: Payouts are 0.0075 and paycoins are worth $10 at the end of the 6 months. In this case, I've earned 684 coins with a market value of $6840 at a cost of $8975 (which GAW gets up front) for a net loss of 213 Paycoins at that $10 value point.

Did I do that right?

Antwoord

Taylan

29/11/2014 05:43:41 pm

@Cassey math seems accurate. I need more explanation from the CEO for this to make more sense. lets put this into Interest (APY) terms: we are looking at a 206% APY. This is factoring in that "payouts never drop". The payout margins and the ROI numbers thrown out by Josh are too wide, and should be more clear.
So if PayCoin goes up, 200% apr, everyone's happy. but if PayCoin goes down/fails huge losses for customers.